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Look for Shares of Vanguard Emerging Markets ETF to Potentially Rebound after Yesterday's 1.15% Sell Off

By James Quinn

Vanguard Emerging Markets ETF (AMEX:VWO) traded in a range yesterday that spanned from a low of $39.61 to a high of $39.79. Yesterday, the shares fell 1.1%, which took the trading range below the 3-day low of $39.68 on volume of 5.3 million shares. Often times after large one-day declines, short-term traders may play for some degree of mean reversion.

Over the past year, Vanguard Emerging Markets ETF has traded in a range of $27.98 to $44.43 and is now at $39.62, 42% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.4% while the 50-day MA has advanced 0.7%.

SmarTrend recommended that subscribers consider buying shares of Vanguard Emerging Markets ETF on January 5th, 2017 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $36.83. Since that recommendation, shares of Vanguard Emerging Markets ETF have risen 8.8%. We continue to monitor VWO for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: rebounders amex:vwo vanguard emerging markets etf

Ticker(s): VWO